Russia: Polyus to increase gold output in 2018

In 2018 Polyus intends to increase gold output to 2.35-2.4 million ounces (73.1-74.6 tons) against 2.075-2.125 million ounces this year. The company long-term plan presupposes reaching 2.8 million ounces (87.1 tons) in 2019. Earlier the company planned to obtain 2.7 million ounces of gold by 2020. One of the growth drivers will be the Natalka…

Kazakhstan: AMTPA gets new CEO

Magamed Ibragimov has been appointed CEO and CFO of ArcelorMittal Tubular Products Aktau.

He has previously held the position of the acting CFO at ArcelorMittal Temirtau.

The previous AMTPA CEO Zhenis Utegenov has been appointed development director at the company. His tasks now are to increase output and develop new markets. (Ukrainian metal)

Russia: Russky Ugol power coal output up in January-September 2017

In January-September the miners of Stepnoy pit, a part of Russky Ugol, yielded over 3.1 million tons of power-generating coal.

Since the pit has been put into operation, it has mined 57 million tons of coal.

The Stepnoy factory has already processed 2.6 million tons of coal this year. (Ukrainian metal)

Kazakhstan: Aktogay Factory reaches projected capacity

Aktogay Processing Factory, a part of KAZ Minerals, has reached the level of the projected sulfide ore processing capacity.

Because of the higher than expected copper content in the ore, the factory will produce 70-85 thousand tons of copper in 2017.

Now the group awaits good results from Bozshakol as well. (Ukrainian metal)

Ukraine: Pervomayskugol orders lifting and transportation machinery

The state enterprise Pervomayskugol has ordered Ertlite LLC the delivery of lifting and transportation machinery valued at 14.48 million UAH.

The company ordered 2300 meters of belt at 3772 UAH per meter and two hoppers at 2.9 million UAH apiece. (Ukrainian metal)

Ukraine: gap appears at Lviv mine

Following a recent earthquake, a pit with the diameter of 300 meters and the depth of 50 meters appeared at a mine in Lviv region.

The mine is situated in the zone developed by Polymineral Mining and Chemical Enterprise.

A basin with mineral water could appear there in time. (Ukrainian metal)

Ukraine: Donetskstal said to be put into operation

Donetskstal resumes operation. According to the leader of the so-called Donetsk People’s Republic, the Russia-created and supported terrorist organization, Alexander Zakharchenko, the smelting shop of the enterprise has been put into operation. “In October we will get the first metal as planned”, he said. Earlier DPR reported on the renaming of Donetskstal into Yuzovka Iron…

Ukraine: Mirnogradugol orders fasteners

The state enterprise Mirnogradugol has ordered Det-Yura LLC the delivery of anchoring valued at 8.78 million UAH.

The price includes insurance and transportation.

The Det-Yura LLC offer was 0.5% cheaper than those of its competitors. (Ukrainian metal)